NZ Everyday Investor

What's an NFT and Why Should You Care? Ep 201

Episode Summary

NFT (Non Fungible Tokens): Yet another breadcrumb from our future. What started out in the world of gaming and collectibles, won't stop there.

Episode Notes

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NFT's have the potential to change everything about how unique items can have standardised value, and 'bridged' to the digital world

This isn't a gimmick - I thought it was a bit when I first heard about it - one of the reasons for the delay in covering this perhaps. As it turns out, no one is immune from being closed-minded!

WATCH THE YOUTUBE VIDEO HERE

Heard of an NFT?

 https://www.investopedia.com/non-fungible-tokens-nft-5115211 

History / Examples of NFTs from back in 2017 

Crypto Kitties https://www.cryptokitties.co/ 

Crypto Punks https://www.larvalabs.com/cryptopunks 

Current hot NFTs collectables (Brands love it for ownership and ongoing royalties) 

Bored apes https://opensea.io/collection/boredapeyachtclub 

https://boredapeyachtclub.com/#/ 

NBA Top shots https://nbatopshot.com/ https://nbatopshot.com/search?orderBy=PRICE_USD_DESC 

Disney Marvel https://www.veve.me/ 

The Matrix https://niftys.com/ 

Digital fashion NFTs collectables 

Adidas Nike (digital fashion) https://www.coinspeaker.com/adidas-coinbase-the-sandbox/ 

Puma The Fabricant https://www.thefabricant.com/ 

Wilder world shoes https://www.wilderworld.com/ 

Yield generating NFTs Wilder World cars - lease and stake your cars back to the game https://www.youtube.com/watch?v=295z5G4WIfM&t=10s https://opensea.io/collection/wilderworld 

Axie infinity - breed Axies, battle https://axieinfinity.com/ https://dappradar.com/nft 

Virtual Land ownership https://www.nftsstreet.com/virtual-land-nft/ 

Prices of these NFTs https://www.finder.com/most-expensive-nfts 

Beeple $69 Million most expensive sold at auction 

Bored Apes - revenue turnover. / resale royalties Since April 2021

 https://dappradar.com/ethereum/collectibles/bored-ape-yacht-club 

https://www.nft-stats.com/collection/boredapeyachtclub 

https://opensea.io/collection/boredapeyachtclub https://boredapeyachtclub.com/#/ 

The future of NFTs

Vaccine Passport 

Fractionalised Ownership 

Intelligent NFTs 

Yield generating NFTs

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